Practices
Industries

The Procedure for State Registration of Shared Ownership May Be Changed

28 February 2025

On 14 February 2025 the Draft Law No. 841857-8 “On Amending Articles 247 and 259.3 of Part One, Articles 689 and 700 of Part Two and Article 1137 of Part Three of the Civil Code of the Russian Federation” (hereinafter – the “Draft Law”), providing for the possibility of registering information on the order of possession and use of real estate in common shared ownership, was submitted to the State Duma.

The Court is Entitled to Imply a Judicial Penalty When Considering Labor Disputes

25 December 2024

On November 14, 2024 the Constitutional Court of the Russian Federation has published Resolution No. 52-P on the case of verifying the constitutionality of paragraph 1 of Article 308.3 of the Civil Code of the Russian Federation, part 3 of Article 206 of the Civil Procedural Code of the Russian Federation and Article 419 of the Labor Code of the Russian Federation in connection with the complaint of Mr. S.S. Shapka.


Application of Limitation Period to Anti-corruption Claims of Prosecutor’s Office

31 October 2024

On 31 October 2024 the Constitutional Court published Resolution No. 49-P on the case of checking the constitutionality of Articles 195, 196, paragraph 1 of Article 197, paragraph 1 and paragraph two of paragraph 2 of Article 200, paragraph two of Article 208 of the Civil Code of the Russian Federation (hereinafter - the “Resolution”), in which it considered the application of limitation period to claims for seizure of property obtained through corrupt activities in favor of the state.


Foreign Banks Will Have the Opportunity to Open Branches in Russia

31 July 2024

On July 19, 2024, "Bill No. 676816-8 “On Amendments to the Federal Law “On Banks and Banking Activities and Certain Legislative Acts of the Russian Federation" (hereinafter - the "Bill") was submitted to the State Duma of the Russian Federation, providing for the possibility of opening branches of foreign banks in the territory of the Russian Federation. The Bill establishes the procedure and conditions for the operation of branches of foreign banks in Russia, as well as the procedure for their accreditation and the list of permitted banking operations.

The Supreme Court of the Russian Federation Initiated Amendments to the Procedure for Appeals in Civil Proceedings

28 June 2024

On June 25, 2024, the Supreme Court of the Russian Federation published the Resolution of the Plenum of the Supreme Court of the Russian Federation No. 22 on the submission to the State Duma of the Russian Federation of the draft federal law "On Amendments to the Civil Procedure Code of the Russian Federation" (hereinafter - the "Resolution").

The Central Bank of the Russian Federation May Be Vested With the Authority to Determine the Foreign Currencies that May Be Used to Pay for the Authorized Capital of Financial Organizations

26 June 2024

On June 21, 2024, Bill No. 653124-8 "On Amending Certain Legislative Acts of the Russian Federation" (hereinafter - "Bill No. 653124-8") was submitted to the State Duma of the Russian Federation, providing for changes in the procedure for payment for the authorized capital of credit organizations, insurance organizations and non-state pension funds (hereinafter - "financial organizations").